Tata Steel spending `3k cr on Vande Bharat project
Steel major to roll out 'First in India' seating system for 22 train sets with 16 coaches each; Aims to be among global top-5 steel tech firms by 2030
Ranchi: Tata Group is planning to spend Rs3,000 crore on R&D by FY26 and set to roll out the 'First in India' seating system for Vande Bharat Express trains from September 2022, a top official has said. The steel-to-salt conglomerate is also targeting to be among the top-5 technology firms in the steel industry globally by 2030.
Tata Steel's Composites division bagged a Rs145 crore bulk order for seating systems of the Vande Bharat express that includes the supply of complete seating systems for 22 train sets, with 16 coaches in each train set.
"These are specially designed seats, which can rotate 180 degrees and have aircraft-style passenger amenities. This is 'first-in-India' kind of a supply, which will be executed over 12 months starting September 2022," Debashish Bhattacharjee, Vice President, Technology & New Materials Business, Tata Steel, told PTI.
"Composites industry in India is dominated by institutional businesses and is largely dependent on infrastructure, industrial and railway sectors. One of the key initiatives of the composites business was to convert to Fibre Reinforced Polymer (FRP) applications where steel is currently being used. Railways has been a promising customer for the FRP Composites business of Tata Steel."